1.5% Cashback
You will earn Cashback at the rate of 1.5% for purchases of goods and services on your Account, subject to the Cashback Terms and Conditions and any promotional offer we make. The Cashback is calculated on the value of each purchase multiplied by the Cashback rate and the value of each purchase will be rounded off to the nearest dollar before Cashback is calculated. The final Cashback amount for each purchase will be calculated as the exact digits in the first two decimal places. We reserve the right to retract, deduct and/or re-compute any Cashback amount in cases where we, in our absolute discretion, deem that there is an abuse of the Cashback program.

3% Cashback Welcome Bonus
As a welcome bonus, you will earn Cashback at the rate of 3% on up to a total of S$5,000 of purchases of goods and services made on your account (which shall include both spending by you and your Supplementary Card Members) in the first 6 months of your American Express True Cashback Card Membership, subject to the other Cashback Terms and Conditions and any promotional offer we make. When the Cashback rate of 3% applies to a purchase of goods or services during the welcome bonus period, the Cashback rate of 1.5% will not be applied in addition to the Cashback rate of 3% to the same purchase. Purchases of goods and services in excess of S$5,000 during the welcome bonus period will earn Cashback at the standard rate of 1.5%, subject to the other Cashback Terms and Conditions and any other promotional offer we make.

1% Additional Cashback for Foreign Currency Spend
You will earn an additional 1% Cashback for purchases of goods and services made in Foreign Currency on your account on top of the 3% Cashback Welcome Bonus or 1.5% Cashback thereafter. Purchases can be made in-person, in-app or online. Foreign currency means any currency other than Singapore Dollars. If your payment is converted to Singapore Dollars before being submitted to us (for example, if the merchant gives you the option of converting the transaction to Singapore Dollars at the point of sale), it will not be eligible for the additional Cashback. The additional 1% Cashback on Foreign Currency spend will be credited per qualifying transaction. Registration is required, please visit amex.co/tcbfcs for details.

Earn an additional 1% Cashback on Essential Bills
Register your Card to enjoy additional 1% Cashback on your recurring bills for selected essential services, this will be on top of the 3% Welcome Bonus or 1.5% Cashback thereafter. Registration required, valid till 31 December 2020.

Cashback will be paid to you by crediting your Account and included in your monthly statement. We will only credit your Account if it is in good standing and not overdue. No Cashback will be earned in respect of interest, charges, fees (including annual fees and late payment fees), balance transfers, instalment plans or converted balances (from both American Express and other issuers), cash advances (including transactions treated as cash), loading of pre-paid cards, American Express Travellers Cheque sales or foreign exchange transactions. A negative adjustment will be made to your Cashback balance if there are any credits posted to your account including those arising from returned goods or services or from billing disputes calculated in the same way as you earn Cashback.

Please refer to the Cashback Terms and Conditions section in the Card Member Agreement for more details.

Enjoy an additional 1% Cashback on your recurring bills for selected essential services when you pay with your American Express® True Cashback Card!

Don't miss out on the savings you can accumulate when you're paying your next electricity bill, telco plan or entertainment subscriptions monthly. Simply set up recurring bills payment with any of the following essential services and earn a total of 2.5% Cashback when your American Express® True Cashback Card is charged in the next payment cycle. (2.5% Cashback = 1.5% Base Cashback + 1% Additional Cashback)

List of essential services eligible for the additional 1% Cashback include:
Entertainment subscriptions: Netflix, Spotify
Telco Providers: M1, MyRepublic, Singtel, StarHub
Utilities Providers: Geneco, iSwitch, PacificLight, Sembcorp Power, Senoko Energy, SP Utilities Group

Registration is required. Exclusions and Terms & Conditions apply. Valid from 15 July 2020 to 31 December 2020.

• This promotion is only applicable for new American Express® True Cashback Basic Card Members who meet all of the following criteria:
  
  • Not an existing American Express® True Cashback Card Member enrolled in other campaigns.
  • Apply and receive approval between 1 April 2021 and 30 June 2021(both dates inclusive).
  • Basic Card Account must be in good standing to be eligible for participation in this promotion.
• Card Members to spend S$500 on eligible purchases of goods or services within the first month (30 days) from Card approval to receive CapitaLand Mall Vouchers (or Cold Storage Vouchers for roadshows conducted at non-CapitaLand Malls) as follows:
  
  • Card Members who are new to American Express (i.e. individuals who do not currently hold a Basic American Express Consumer Card at the point of application) will receive S$80 CapitaLand Vouchers(or Cold Storage Vouchers); Or
  • Existing Card Members (i.e. individuals who hold an existing Basic American Express Card at the point of application) applying for an additional Basic American Express Card will receive S$40 CapitaLand Vouchers (or Cold Storage Vouchers). Card conversions are allowed.
• For non-eligible spend, please visit amex.co/SGexclusions for full list of non-eligible purchases or transactions, which is non-exhaustive and is subject to changes from time to time.
• Spend made by Supplementary Card Member(s) will be taken into consideration in the calculation of the S$500 Spend Threshold.
• Card Members who cancelled their American Express® True Cashback Card within the last twelve (12) months are not eligible for this Spend Offer promotion when they re-apply for The American Express® True Cashback Card during the Promotion Period.
• This offer is not valid with any other promotions for The American Express® True Cashback Card.
• You will receive a redemption email or redemption letter via mail approximately twelve (12) weeks upon meeting spend threshold. The redemption email or redemption letter will contain details on how to redeem your CapitaLand Mall Vouchers (or Cold Storage Vouchers).
  No expedite request will be allowed/entertained.
• Each Basic Card Member is only eligible to redeem the gift once. If the Card Member redeems more than once or makes duplicate redemptions, the retail price of the vouchers will be charged to the Card Member’s Account.
  In the event of our suspicion of illegal activities in connection with the Vouchers or gift(s), including without limitation fraud or an attempt at deception, we are entitled to report such activity to the relevant authorities.
• The gift must be redeemed within 2 months from the date of the redemption letter. Gift not redeemed within this validity period will be forfeited, and no extension of time or redemption period will be granted.
• The original redemption email or redemption letter must be presented for redemption and no replacement will be issued, if original email or letter is lost, damaged or expired.
• If the Card Member who was issued the S$80/S$40 CapitaLand Mall Vouchers (or Cold Storage Vouchers) ceases to be a Card Member for any reason within six (6) months from date of Card approval, he or she will be charged the value of the Vouchers.
• Offer cannot be exchanged for cash or used in conjunction with other promotional programmes, offers, discount cards, vouchers or VIP privileges, unless otherwise stated.
• American Express International Inc. Singapore reserves the right to withdraw or substitute the S$80/S$40 CapitaLand Mall Vouchers (or Cold Storage Vouchers) with other items(s) without prior notice and without assigning any reason.
• The provision of benefits stated in the CapitaLand Mall Voucher (or Cold Storage Vouchers) is the responsibility of CapitaLand Mall Asia Limited (or Cold Storage). American Express is not responsible or liable in the event that the benefits of the CapitaLand Mall Voucher (or Cold Storage Vouchers) are not fulfilled by CapitaLand Mall Asia Limited (or Cold Storage). You accept and agree to be bound by the CapitaLand Mall Voucher (or Cold Storage) Terms and Conditions.
• Card Member acknowledges that any disputes in relation to the use of the CapitaLand Mall Vouchers (or Cold Storage Vouchers) are to be directed solely to CapitaLand Mall Asia Limited (or Cold Storage) who is providing such benefits. American Express acts solely as a payment provider and is not responsible or liable in the event that such services, activities or benefits are not provided or fulfilled by the merchant.
• Information is correct as of February 2021.